After the adoption of Bitcoin by El Salvador, a congressional representative from Paraguay announces a bill that would allow this country to follow suit, but also to encourage mining (with renewable energy sources).A few days ago, El Salvador made a name for itself by adopting Bitcoin as legal tender. And although this has aroused the reluctance of the World Bank and the … [Read more...] about After El Salvador, will Paraguay also adopt Bitcoin?
Cryptocurrency
In China, cryptocurrency transactions are over
The Central Bank of China has asked the country's banks to stop cryptocurrency transactions, including Bitcoin.”Digital currency transactions and its speculative activities have disrupted the normal order of the economy and the financial system. They increase the risks of illicit cross-border asset transfers and illegal activities such as money laundering,” the People's … [Read more...] about In China, cryptocurrency transactions are over
China gradually cuts electricity to its Bitcoin miners
A further step in the restrictions imposed on cryptocurrencies in the Middle Kingdom.The Regional Development and Reform Commission and the Energy Department of southwest China's Sichuan Region demanded the closure of 26 Bitcoin mines on June 18 within 48 hours. The region's electricity suppliers were ordered to locate and then cut off electricity at the Bitcoin mines, … [Read more...] about China gradually cuts electricity to its Bitcoin miners
This billionaire “converted to crypto” who does not want to “miss” the crypto turn!
Crypto investors are pretty much on the run right now! Indeed, after a relatively calm week, crypto prices seem to gogo down again this week. However, a billionaire investor has just declaimed his attachment to cryptos... What to restore balm to the hearts of crypto investors?Steve Cohen, a billionaire “converted” to cryptocurrencies!Steve Cohen is not necessarily one … [Read more...] about This billionaire “converted to crypto” who does not want to “miss” the crypto turn!
The IMF and the World Bank are reluctant to Bitcoin
International financial institutions are very hesitant on this subject.The decision sparked a wave of enthusiasm among all Bitcoin advocates. Last week, Salvadoran President Nayib Bukele announced his intention to recognize cryptocurrency as legal tender (like the US dollar). This is a first in the world and the idea is in particular to improve financial inclusion in a … [Read more...] about The IMF and the World Bank are reluctant to Bitcoin
Africa records the greatest increase in P2P Bitcoin trading volumes!
Crypto is more than just a speculative asset. Many cryptos - including Bitcoin - improve a failing banking system and provide concrete solutions to certain problems. It is also always interesting to see the significant use that is made of Bitcoin in countries with a faltering economy. Find out some figures on this subject, based on a study carried out by … [Read more...] about Africa records the greatest increase in P2P Bitcoin trading volumes!
More than 2 million Brits are investing in crypto in 2021, according to FCA survey
According to the report of a crypto survey by the Financial Conduct Authority (FCA), there are 2.3 million English people who invest in cryptocurrencies in 2021 against 1.9 million in 2020. The average investment in crypto has also increased over this period. It went from £260 to £300. This year, 78% of Britons have already heard of cryptocurrencies compared to 73% last … [Read more...] about More than 2 million Brits are investing in crypto in 2021, according to FCA survey
Cryptocurrency: This Controversial Site Gives People A Price
The mysterious platform, which hides the name of its creator, is halfway between a social network and a stock exchange. The performance and influence of people in society is at stake.In a tweet, Coinbase CEO Brian Armstrong fueled a controversy that is far from abating. “I just configured my bitclout,” he wrote on the media, referring to a platform halfway … [Read more...] about Cryptocurrency: This Controversial Site Gives People A Price
Bitcoin: 25,000 people lost their “millionaire” status
The correction did a lot of damage. There are fewer Bitcoin millionaires.Between the beginning of April and the middle of May, the price of Bitcoin was halved. If it has recovered well in the last few days (going from $30,000 to $40,000), the specialists are a little more moderate .600 billion gone up in smokeThat this correction had serious consequences for … [Read more...] about Bitcoin: 25,000 people lost their “millionaire” status
In Thailand, “shitcoins” and other “cryptomemes” are no longer welcome
The Thai regulator bans cryptocurrency exchange platforms from offering tokens based on fan tokens, memes, and non-fungible tokens (NFTs).Thailand is seeking to curb speculation on “baseless” assets.Thailand tightens the screwThailand's Securities and Exchange Commission (SEC) has approved guidelines prohibiting exchanges in the country from supporting four … [Read more...] about In Thailand, “shitcoins” and other “cryptomemes” are no longer welcome
